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Re: Stockexpertpro post# 6995

Thursday, 09/23/2010 2:44:37 PM

Thursday, September 23, 2010 2:44:37 PM

Post# of 24405
Looking at the amount of Calls being purchased you would think this is about to pop in the next couple of weeks. With over 26K Octobert One Dollar calls being purchased and very few Puts would stand to reason a very strong price move above a buck, no reason why anyone would purchase a call to either buy the equity or sell the option if the price was still going to be trading at these prices. I agree none of this makes since as to why we are treading down instead of up...